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Can An Oral Agreement Be Enforced Legally?

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So you lent money to a friend for his business startup, with the promise that he/she will return your money in 12 months with 10% dividends. You both shake hands and Hi 5!
But Oops! You did not get this agreement in writing. Everything was purely based on an oral agreement and now 12 months is up, your friend conveniently forgets that there was such an agreement.
Is there still hope for you to recover your money? The short answer is Yes!
Learn what can be done in order to salvage the situation and to prove and enforce the oral agreement.
NOTE:
Contents in this video do not constitute legal advice. Each case turns on its own facts.
Make arrangement with us if you wish to obtain legal advice.
Get in touch with us for legal advice (for cases in Singapore only):
Also subscribe to our channel for new contents and topics!
#civillitigation #civillitigationlawyers #writofsummons #writofsummonssingapore #civilsuit #singaporelawyers #lawsuit
#oralagreements #verbalagreements #evidence #courtcase
But Oops! You did not get this agreement in writing. Everything was purely based on an oral agreement and now 12 months is up, your friend conveniently forgets that there was such an agreement.
Is there still hope for you to recover your money? The short answer is Yes!
Learn what can be done in order to salvage the situation and to prove and enforce the oral agreement.
NOTE:
Contents in this video do not constitute legal advice. Each case turns on its own facts.
Make arrangement with us if you wish to obtain legal advice.
Get in touch with us for legal advice (for cases in Singapore only):
Also subscribe to our channel for new contents and topics!
#civillitigation #civillitigationlawyers #writofsummons #writofsummonssingapore #civilsuit #singaporelawyers #lawsuit
#oralagreements #verbalagreements #evidence #courtcase